Oceanic Beverages Co (TPE:1213) Days Payable : 16.40 (As of Mar. 2024)

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What is Oceanic Beverages Co Days Payable?

Oceanic Beverages Co's average Accounts Payable for the three months ended in Mar. 2024 was NT$9.01 Mil. Oceanic Beverages Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$50.11 Mil. Hence, Oceanic Beverages Co's Days Payable for the three months ended in Mar. 2024 was 16.40.

The historical rank and industry rank for Oceanic Beverages Co's Days Payable or its related term are showing as below:

TPE:1213' s Days Payable Range Over the Past 10 Years
Min: 25.41 Med: 32.83 Max: 53.88
Current: 53.88

During the past 13 years, Oceanic Beverages Co's highest Days Payable was 53.88. The lowest was 25.41. And the median was 32.83.

TPE:1213's Days Payable is ranked worse than
54.13% of 109 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 58.92 vs TPE:1213: 53.88

Oceanic Beverages Co's Days Payable declined from Mar. 2023 (49.75) to Mar. 2024 (16.40). It may suggest that Oceanic Beverages Co accelerated paying its suppliers.

Oceanic Beverages Co Days Payable Historical Data

The historical data trend for Oceanic Beverages Co's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Oceanic Beverages Co Days Payable Chart

Oceanic Beverages Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

29.97

25.41

34.53

46.10

49.87

Oceanic Beverages Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															49.75	81.96	75.28	35.30	16.40

Competitive Comparison of Oceanic Beverages Co's Days Payable

For the Beverages - Non-Alcoholic subindustry, Oceanic Beverages Co's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Oceanic Beverages Co's Days Payable Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Oceanic Beverages Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Oceanic Beverages Co's Days Payable falls into.

Oceanic Beverages Co Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Oceanic Beverages Co's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (49.763	+	9.034)	/	2 )	/	215.158	*	365
=	29.3985					/	215.158	*	365
=	49.87

Oceanic Beverages Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (9.034	+	8.982)	/	2 )	/	50.113	*	365 / 4
=	9.008					/	50.113	*	365 / 4
=	16.40

Oceanic Beverages Co Days Payable Related Terms

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Oceanic Beverages Co (TPE:1213) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Oceanic Beverages Co Inc (TPE:1213) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

99 Chongyang Road, 10th Floor, Section 3, Sanchong District, New Taipei, TWN

Website

https://www.applesidra.com.tw

Oceanic Beverages Co Inc operates in the beverages industry. The company is engaged in the manufacturing of beverages like soda, tea, juice, lactic acid, and distilled water. The Group has two reportable divisions, the Beverages Sales Division, and the Shanghai Operations Division. The Beverages Sales Division is mainly engaged in the manufacture, wholesale and retail of various soft drinks and beverages.

Oceanic Beverages Co (TPE:1213) Headlines

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